Horizon Realty Advisors Closes on Second Equity Fund

by Katie Sloan

Seattle — Horizon Realty Advisors (HRA), a Seattle-based property management owner and operator, has announced the closing of its second equity fund, HRA Opportunity Fund II.

The $110 million fund will target value-add opportunities in both student housing and conventional multifamily markets. The fund will be deployed over the next 18 to 24 months. Simultaneously, HRA closed on the acquisition of The Glenn, a 396-unit community located near the University of Central Florida in Orlando. 

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